I wish to purchase a TV for inshop advertisement - can this be purchased and can i get tax benifit on the same?
Kindly help
also if you can state the rules (section/subsection) as per direct tax rules - it would be very very helpful
Thanks a lot
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Purchase of tv for shop
Replies (1)
You can purchase the TV for your shop advertisement. You can capitalise the Purchase price of the TV and claim depreciation on the TV @ 15%.
Regards,
Devendra Kulkarni
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